Property summary
This established South Point, Ohio restaurant franchise presents a lucrative investment opportunity. Generating $522,000 in annual sales with $105,000 in owner-operator earnings, this 2,800 square foot space offers significant potential for growth. The current lease, at a low monthly rate of $3,158, extends through 2025 with a ten-year renewal option. The sale includes all necessary equipment, from a comprehensive kitchen setup (including two Turbo Chef ovens, a Hobart mixer, and extensive shelving) to dining tables and lighting fixtures. The business currently employs six staff members. The seller's retirement creates this unique opportunity. Located in a thriving area with ongoing commercial development, this franchise benefits from a strong customer base and expansion potential. Low royalty fees (3% of sales) and marketing fees (1% of sales) maximize profitability. SBA financing is available with 20% down for qualified buyers, and unsecured lending options up to $200,000 may be available for those with strong credit (680+). This turnkey operation is ready for a new owner to step in and continue its success. The restaurant comfortably seats 54 guests. This is a rare chance to acquire a profitable, established business with a strong financial foundation and significant upside. The asking price is $275,000.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
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